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Cryptopotato
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Donald Trump’s WLFI-Backed USD1-Paired Meme Tokens See Early Investor Windfalls
- USD1-paired meme coins, particularly from the BUILDon meme project on the BNB chain, have surged in popularity with over 50% of total meme coin trading volume on BNB dominated by these tokens.
- BUILDon, accounting for over 90% of daily trading volume and 28.4% of all meme coin holders, has led to significant profits for early investors amidst the recent hype in the market.
- Profit-taking activities may lead to short-term price corrections, posing risks for current holders and traders as many traders are sitting on profitable positions.
- The stablecoin USD1 introduced by Trump-backed World Liberty Financial has seen rapid growth, with a market cap of $2.15 billion, making it the fifth-largest dollar-pegged token and gaining traction in the crypto market.
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Coindoo
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U.S. Department of Labor Rescinds 2022 Crypto Warning for 401(k) Plans
- The U.S. Department of Labor rescinded the 2022 warning concerning including crypto assets in 401(k) plans.
- The initial warning memo had urged fiduciaries to be cautious with crypto assets in retirement plans, which attracted criticism.
- The recent decision returns fiduciaries to a state of freedom to decide on including cryptocurrencies in retirement plans.
- This reversal is seen as a positive step for crypto advocates and supporters of decentralized finance, potentially impacting Americans' retirement savings diversification.
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Zycrypto
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GameStop Splashes Half A Billion Dollars On Bitcoin In Ultra Bullish Crypto Push
- GameStop has invested approximately $513 million in Bitcoin, purchasing 4,710 BTC after a $1.5 billion convertible notes offering.
- The move is part of GameStop's strategic shift to include cryptocurrency in its financial strategy and diversify its balance sheet.
- GameStop's interest in Bitcoin was sparked by CEO Ryan Cohen's photo with Michael Saylor, leading to the company adopting Bitcoin as a treasury reserve asset.
- GameStop's Bitcoin investment follows a trend of companies diversifying their balance sheets with BTC, following the playbook popularized by Michael Saylor's Strategy.
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Coindoo
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SEC Begins Review of WisdomTree’s Spot XRP ETF Proposal
- SEC has started the review process of WisdomTree's spot XRP ETF proposal.
- If approved, this ETF could provide traditional investors exposure to XRP without direct token ownership.
- Public comment period is now open for feedback on issues like market manipulation, investor protections, and market integrity.
- Approval, rejection, or requested changes to the application are expected within 240 days under federal law.
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Zycrypto
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El Salvador Continues Bitcoin-Buying Spree Despite IMF’s Call To Halt Purchases
- El Salvador purchased eight Bitcoins despite IMF's call to halt changes in the country's BTC holdings.
- IMF and El Salvadoran authorities agreed on the first review of a loan agreement that removed Bitcoin's mandatory legal tender status.
- Despite commitments to limit state involvement in crypto activities, El Salvador's Bitcoin Office continues to increase its reserves with frequent purchases.
- El Salvador's government now holds around 6,190 BTC, valued at about $673 million, with President Bukele stating they will acquire one BTC daily as part of the country's Bitcoin treasury strategy.
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Coindoo
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Golden Cross Appears on ETH Chart—Will History Repeat?
- A Golden Cross has appeared on the Ethereum (ETH) chart, indicating a potential uptrend.
- The signal is similar to a previous occurrence that led to a major price surge.
- The Golden Cross signifies the 50-period moving average crossing above the 200-period moving average, a bullish indicator.
- Traders are closely monitoring the current setup, which could lead to a significant price movement for ETH.
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Coindoo
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Solana Meme Coin Market Boom Steals Headlines With Dogwifhat Bullish Rally As $0.00000035 Altcoin Grabs The Retail Horde
- Solana's meme coin market is experiencing a resurgence, led by Dogwifhat's bullish rally, attracting retail investors seeking high returns.
- Smart money is looking towards FloppyPepe, a low-priced altcoin priced at just $0.00000035, amidst the excitement surrounding Dogwifhat and Solana meme tokens.
- Dogwifhat's surge has put the spotlight back on Solana's meme coin market, with potential for a fresh rally if it breaches a key resistance level around $1.32.
- FloppyPepe is gaining attention and traction with its unique features, ecosystem partnerships, and AI tools, presenting a lucrative investment opportunity with high growth potential.
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Coinjournal
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Merlin Chain price gains as Binance adds MERL perpetual contracts
- Merlin Chain (MERL) price surged after the announcement of MERL perpetual futures on Binance.
- Binance Futures launched MERL perpetual contracts with up to 50x leverage on May 28, 2025.
- The announcement led to an increase in MERL's trading volume, pushing its price to $0.1346.
- Merlin Chain focuses on enhancing Bitcoin's layer-2 capabilities and could target $0.2 following the Binance listing.
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Coindoo
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Top Solana Ecosystem Altcoins by Developer Activity: Santiment Report
- Solana's native token (SOL) leads in developer activity within the Solana ecosystem, followed closely by Wormhole (W) and Pyth Network (PYTH).
- Developer activity rankings remain consistent, indicating ongoing development work across the top projects.
- Key altcoins within the Solana ecosystem, apart from SOL, include Drift, Helium, Neon, Metaplex, JTO, Swarms, and Orca.
- Developer activity serves as a vital metric for evaluating the health and potential of blockchain projects, showcasing active protocol upgrades, new feature rollouts, and long-term contributor commitment.
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Financemagnates
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New FCA Crypto Custody Rules Would Force Firms to Upgrade Security
- The UK's Financial Conduct Authority (FCA) has introduced new rules for stablecoins and crypto custody to enhance security and transparency in the crypto sector.
- The proposed regulations aim to ensure stablecoin issuers have appropriate asset backing, while custodians must maintain security and accessibility of crypto assets.
- The FCA collaborated with the Bank of England to develop the regulations, with the bank planning to release a complementary consultation on stablecoins later this year.
- Stakeholders have until July 31, 2025, to provide feedback on the proposals, with the aim of finalizing and publishing the rules by 2026, shaping the future of crypto asset firms in the UK.
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Coinjournal
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Best crypto to buy as global companies continue to load up on BTC
- Bitcoin Pepe, a meme-centric Layer 2 protocol, has raised over $11.8 million in its presale at $0.0377 per coin.
- Bitcoin market capitalization dips 0.8% to $3.43 trillion, showing a more restrained mood in the crypto sector.
- Companies like Metaplanet and GameStop are increasing their Bitcoin holdings, with the former aiming to reach 10,000 BTC by 2025.
- Bitcoin Pepe's strategic partnerships and unique approach blending meme culture with blockchain utility have garnered investor attention, with a centralized exchange listing expected soon.
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Financemagnates
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SEC Begins Review of First Spot XRP ETF Bid with WisdomTree Proposal
- The US Securities and Exchange Commission (SEC) is reviewing a proposal for the first spot XRP exchange-traded fund (ETF) submitted by WisdomTree.
- The ETF aims to offer investors exposure to XRP without owning the digital asset directly.
- The SEC has initiated a public comment period to assess concerns regarding market manipulation and investor protection, with a decision deadline of up to 240 days.
- WisdomTree's application for the XRP ETF follows the approval of spot ETFs for Bitcoin and Ethereum, signaling a push for expanding crypto investments in the US.
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Coinjournal
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Chainlink price prediction amid increased selling pressure despite DeFi integrations
- Chainlink (LINK) faces resistance despite a recent 22.14% monthly price gain.
- On-chain data shows selling pressure and weak buyer momentum.
- DeFi integrations support a long-term bullish outlook for Chainlink.
- Chainlink's short-term outlook is clouded by on-chain selling and technical resistance.
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Cryptopotato
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Coinbase Says Goodbye to 4 Altcoins and Their Prices Plunge Hard: Details Here
- Coinbase announced the delisting of Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), & Synapse (SYN) on June 26, leading to significant price declines in these assets.
- Prices of RNDR, RBN, and SYN dropped by double digits, with SYN experiencing the largest decline at almost 15%.
- Delisting by Coinbase can result in reduced liquidity, investor fear, damaged reputation, and increased selling pressure for the affected assets.
- Contrarily, prior listings by Coinbase have triggered notable price increases, with certain tokens surging over 100% shortly after being backed by the exchange.
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Cryptopotato
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Ethereum Price Analysis: What’s Next for ETH After 50% Monthly Surge?
- Ethereum is consolidating below a key resistance zone after a 50% monthly surge.
- Price is between the 200-day and $2,800 supply level with the 100-day moving average providing support around $2,100.
- RSI shows a bearish divergence, indicating a possible correction in the coming weeks.
- Open interest in Ethereum has surged, suggesting bullish sentiment but also potential risks of liquidation-driven pullback if resistance at $2.8K is not cleared.
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